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Papa Johns is closing hundreds of locations
Papa Johns is the latest pizza chain to close hundreds of locations following a tough quarter as customers pull back on spending.
The company revealed during Thursday’s earnings call that approximately 300 underperforming restaurants in North America will close by the end of 2027, with about 200 of them shuttering this year.
The affected restaurants are those “not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant,†said Ravi Thanawala, Papa Johns chief financial officer and president of the chain’s North America operations.
A specific list of locations wasn’t announced. Papa Johns had about 3,500 locations at the end of 2025, according to its annual report.
Papa John's to close 300 restaurants as it moves to cut costs and boost growth
Papa John's plans to shutter 300 of its restaurants by the end of 2027 as the struggling pizza chain moves to cut costs and close underperforming locations.
Chief Financial Officer Ravi Thanawala said in a fourth-quarter earnings call with Wall Street analysts that some of the restaurants slated to be closed are "not meeting brand expectations or lack a clear path to sustainable financial improvement." In other cases, the restaurants represent locations where Papa John's can "effectively transfer sales" to a nearby outlet, he added.
Papa John's plans to shut 200 locations by the end of this year, with the rest to be closed by the end of 2027, according to Thanawala. The pizza chain has 6,000 locations across roughly 50 countries and territories, according to its website.
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